| Business Summary | | The
Oilgear
Company
is
engaged
in
the
manufacture
and
distribution
of
systems
and
engineered
components
for
a
broad
range
of
industrial
machinery
and
industrial
processes.
The
Company's
products
primarily
involve
the
flow,
pressure,
condition,
control
and
measurement
of
liquids,
which
the
Company
refers
to
as
Fluid
Power.
The
Company's
piston
pumps,
motors,
valves,
controls,
manifolds,
electronic
systems
and
components,
cylinders,
reservoirs,
skids,
meters
and
other
products
are
utilized
in
many
industries,
such
as
the
primary
metals,
machine
tool,
automobile,
petroleum,
construction
equipment,
chemical,
plastic,
glass,
lumber,
rubber
and
food
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Oilgear
Company
manufactures
and
distributes
systems
and
engineered
components
including
hydraulic
pumps,
valves,
meters,
high-pressure
intensifiers,
controllers,
cylinders
and
motors.
For
the
six
months
ended
6/30/01,
net
sales
fell
7%
to
$43.3
million.
Net
income
fell
60%
to
$328
thousand.
Revenues
reflect
decreased
orders
due
to
the
recession
in
the
manufacturing
sector
of
the
U.S.
economy.
Lower
income
also
reflects
higher
interest
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| David Zuege, 59 Pres,
CEO | $271K | Thomas Price, 57 CFO,
VP, Sec. | 136K | Gerhard Bahner, 62 VP-
Engineering | -- | Hubert Bursch, 61 VP-
European Operations | 152K | Dale Boyke, 50 VP-
Marketing & Sales | 138K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|